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Post# of 257579
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DewDiligence

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DewDiligence

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Re: dewophile post# 86225

Friday, 11/13/2009 4:10:24 PM

Friday, November 13, 2009 4:10:24 PM

Post# of 257579

…capped by BMY not paying more for imcl than they felt it was worth when LLY stepped in.

I too was impressed by BMY’s discipline to not overpay for IMCL the second time around. Jim Cornelius could end up being one of the best CEO’s BMY has ever had (which rkcrules will probably note is not saying much).

It seems to me that Cornelius is cleaning up BMY for an eventual sale despite his assertions to the contrary, which can be viewed as necessary disinformation to ensure that BMY gets the best possible price when the time is right.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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